In a recent interview with Bloomberg Television, Jim Chanos, a well-known short-seller, expressed skepticism about Tesla’s valuation and technological prowess. “We’re short the stock and we just think it’s ridiculously overvalued,” said Chanos. Chanos criticized Tesla for its constantly changing narrative. “The Tesla story keeps changing right every few months. The Tesla faith will trot […]
As many of Tesla’s short-sellers have faded away in recent months, another technology company has taken the throne as the tactic’s new most common target. Apple has overtaken Tesla to become the most-shorted stock in the U.S., after the automaker held that spot for 864 days, as Business Insider reports. Short interest in Tesla currently […]
Elon Musk hasn’t been shy about his feelings on Tesla’s short-sellers, but a new report shows even his most bearish opponents recounting incredible losses. Tesla short-sellers and bearish analysts discussed the effects of shorting Musk’s companies on a Zoom call organized by New York Mag this week. Most of the analysts had predicted the stock […]
Tesla CEO Elon Musk called a U.S. regulator’s investigation “unfounded” earlier this month, before going on to praise the U.S. Justice Department for a probe into short-sellers. Musk said on Tuesday that he is “greatly encouraged” by the Justice Department’s probe into short-sellers, adding a jab at the Securities and Exchange Commission (SEC) amidst two […]
It’s been a wild ride for Tesla’s (TSLA) stock the past few years, and new questions have arisen as to the great vanishing of the company’s many short-sellers. Tesla, now a few years separated from its status as a classic controversial stock, has put many of its bears to sleep, its short-sellers have all but […]
After losing an additional $4 billion USD by the end of November, Tesla short sellers have now lost a total of $35 billion USD so far this year, according to a report by CNN Business. According to analysis by S3 Partners, short investors in Tesla— those who placed bets in the market that its shares would […]
